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Russia to Change 13 Laws and Codes for Digital Ruble
8.11.2021
Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia...
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
7.11.2021
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this...
Acting CoC Hsu: More crypto regulation is needed
5.11.2021
The regulator singled out Binance and Tether as allegedly risky players in the blockchain space
EU central banks work on DLT-based asset settlement
5.11.2021
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop
Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
3.11.2021
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...
Commonwealth Bank to enable crypto trading for 6.5M Aussies, 'other banks will follow'
3.11.2021
The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin
Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub
2.11.2021
CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last 2 years and the expected value in the long term
Huge Differences Seen in Banks’ Ethereum Valuation as ETH Tests All-Time High
2.11.2021
Just as the price of Ethereum’s native ETH token is testing new all-time highs north of the USD 4,400 level on Tuesday, private notes to clients from two major investment banks reveal just how different analysts at large financial institutions view the second-largest cryptoasset.
At 10:20 UTC,...
Top U.S. banks offer big incentives to lure crypto talent
2.11.2021
LinkedIn reports that site-wide job listings relating to crypto are up more than 600% since August last year
Major Russian bank explores crypto investment amid strong demand
29.10.2021
One way or another, Russians get exposure to crypto even if they go abroad, Tinkoff Investments’ head said
Mastercard is preparing its infrastructure for the deployment of CBDCs
28.10.2021
The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
28.10.2021
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...
DBS Bank joins Hedera blockchain’s governing council
27.10.2021
The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
27.10.2021
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s...
US regulators are exploring policy for banks to handle crypto, says FDIC chair
26.10.2021
“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams
Bank of Spain issues registration guidelines for crypto services
26.10.2021
All individuals and institutions in the country, including banks, will have to sign up using the new AML registry from the Bank of Spain
US Regulators Preparing a Crypto Gift For Banks; CoinList Turns Into a Unicorn + More News
26.10.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: US Regulators Preparing a Crypto Gift For Banks; CoinList Turns Into a Unicorn + More News
Dollar Stabilizes While Traders Await Central Banks Guidance
26.10.2021
Tuesday witnessed the US Dollar regaining the 1.67% it lost recently. Investors are on edge with central bank meetings, and data releases indicate new information on the rates. Meanwhile, the Euro dipped 0.3% as experts forecast the ECB’s dovish tendencies in the next meeting. As a result,...
Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year
26.10.2021
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the...
Mastercard to Enable Merchants on Its Network to Offer Crypto Products and Services
26.10.2021
Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability to more easily add crypto...